Below are departmental income statements for a guitar manufacturer. The company classifies advertising, rent, and utilities as indirect expenses. The manufacturer is considering eliminating its Electric Guitar department because it shows a loss. Departmental Income Statements For Year Ended December 31 Sales Cost of goods sold Gross profit Expenses Advertising Depreciation-Equipment Salaries Supplies used Rent Utilities Acoustic $ 103,400 44,775 Electric $ 83,200 46,850 58,625 36,350 5,015 4,310 10,070 8,530 20,200 17,900 2,010 1,730 7,065 5,970 3,015 2,620 Total expenses Income (loss) 47,375 41,060 $ 11,250 $ (4,710) 1. Prepare a departmental contribution to overhead report. 2. Based on contribution to overhead, should the electric guitar department be eliminated? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a departmental contribution to overhead report.